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Home My WebLink About0083 ~s~ci248 ; THIS INDENTURE, Mad~ fhs 30th day of ,~ay A.D. 19?~ between Jack H~ Scott and Grace Ann qcott, his ~rife of St. LL1C~@ County Florid~, Mninaftu designated ss tM "MORTGAGOR," •nd FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corpor~tion organi:ed ~nd existing undar ~M laws of tl» Unitd Sru~s of Am~rica a~d Mvinp in principal pl•c• of butinsu tn tM City of Fat Piau, 51. lucis County, Flwid~, 6e~ein~fitr dapnated a~ tl» "MORiGAGEE:' WNEREAS ths MORTGAGOR is iustiy inikbted to tM MORTGAGEE in ths sum of = 37 , yood ~nd lawfui money of the Un~ted S~atet adYanced by the MORTGAGEE un?o ths MORTGAGOR, as evidenced by a certain promissory note of even date herewieh, of which ?M fOUowinp in { = ords and f~guras ~s a trv~ copy, ro-w~~: ~],p0199IA j 37,600.00 fwt Pierce. Plwids, Nay 30 19 fw value reteived, 1, we a either af us, promise to pay, wiihout defalcation, to tFx order of FIRST FEDERAI SAVINGS ANn IOAN ASSOCi/1TIOIY QF FORT PIERCE at Fort Pictte, Florida, Ihe sum of : 37~ with interest from dete at the rate of ~~6 per annum, in monthly in~taH- mcnts as folbws_ j 285•~0 on the ~*'h day of $QD~etRt?er ~9 73 and e like sum on the correspondinp day of each mont~ therr after until the whole be fully paFd. facb installment first ahall be applied in payment of the interesf a~d then on ths unpaid balance of the princip~) sum. If default is made in tha paymcnt of any installment when due, and such default continues 30 days, the~ st the option of the holder, and without any orher notice, all the remaininp ~nstallments shall be due and payable at once. P~iv;lege is given to prepsy this note in whok or in part at any t~me without penalty. Neither faebearance, nw acceptanca by ~he holder thereof afte~ any default in any payments Fxreon, shall be dcemed extension. A late payn+ent charge of = l~ • 2 5 shall be added to each installment ~emaiaing unpaid 7 days after its due date, and a like svm shall be added to each s~ch installment ~emaining unpaid 7 days after ~ each svtceeding paymcnt date.' ~ S EacA maker, surety and endorier he~eof, jointly and severally, waives demand, prese~rment prolrst and notice of p~ote:t for nortpayment, and funher agrees to any extension of time of payment, either before o~ after maturity, without notice to any of us; and to pay all tosts of cotledion, inctuding a ~ !easonable attor~ey's fee in the event of any detault herev~?der, end hereby severally wai~es all benefif of homestesd and ex~mplion uader the constitvtion ~ a:~d laws of exh State of the United States, as againat this obligatio~ w any extension w re~ewal hereof. 7 Witness the hand ar~d seal of exh party. t ~aU ~ s/ Jack H. Scott ~i~ ~?u S56 40 s/ Grace Ann Scott ~ ~ ( • 1 State Revenue - (Stwwp~ ~Kibd-a~ ~owgi~.~1-wo~e) , NOW, THEREFORE, the MOR7GAGOR ior the purpose of seturing payment of said sum of i 37• ~~nd tM perforn+ance of ths covenann and agreements hereinafter exp?esud, and fw divers good and vafu~ble considerations, by theie p?esents, does yrant, bar9ain, sell, ?emisc, ~ releau, convey and confirm untq the MORTGAGEE,' iri suctessors and ~uiyos, all that ceruin lot, piece or putel of 1~nd, iitwte, lying, end being in the Counry of St• L1tCS.@ ~ state of florida, dewibed as follows: • ~ Lot 15~ GROtTE SL~BDIVISIO?U~ as per plat thereof on file in Plat Book 16~ page 33, of the public records of St. Lucie County, Fl~rida. ~ ~ > ; ST~ATE QF FLORfD,ca1 ' o~ N DOCUMENTARY ......~STl~ M P T A?: ~ ~~~p ' ~IN PAYMENT OF T11~ ' ~ DEPt. Oi ~FYEt~lUE i DUE ON ClASS 'C IPITANGIBLE PE°SONAL P('0°ER(Y, Zr M { ' ~ p~RSWNT 7p CFUIPTER 71-134. ACTS OF l9lt. ~ w ~ P.~. ? ~i~-rT3 • . ' . 5 6. ~ O ~ ~ , d = NlOt +.~~,.e ROGER ~OITfGS r . ~ CL,ERK CIRCUIT OOURT. Sf. LUC~E C0~ fIJ1. f . ' i ! I { l ~ E ; S together w;th aIl snd singulsr the tenemenn, hered~taments and sppunsnces thereunto belongirg or in anywise ~ppert~ining tF?ereto, and all rentf, issuts, ' ~ proceeds and profin accruing snd to acuue from said premises, all of whicfi are included in the above and forsyoirp dewiptiort and habendum. € TO HAVE AND TO FiOID the sbove desaibed and granted p?cmises unro tl,e s~id MORIGAGEE, its succrsfo~s and ~ssiyns fwever. Md tM said ! MOR:GAGOR fw their ~;~s, executws, administratas and auigns, i~ereby covenants with the s~id lMORTGAGEE, iri succeswrs and u~iyro, ~ the are ; that ---Y IawfvUy seized of the said premixs in fee simple; that ths same aro free, ckar and dixharged from all I'~ero and arrcunw I brsrues in law or in equi~y, and that thCl' M,;~~ e~ thei r hein shall warrant ae+d defend the title to the same to th~ sak! i MORTGAGEE, its successas and ~ssigns, forever against the lawfvl claims a~d demands of all persons; , i PROVIOED, ALWAYS that if the lNORTGAGOR shall pay unto the MORTGAGEE the promisaory rate hereinbefwe detvibed and shaN bvly, p~omptly i and futly perfwm, d7scharge, execute, complete, comply with and abide by each and every the stipulations, sgreements, condi~ions •nd covenann of said promissory note snd of this Mortgage, then this Mortgage arx! the Estate hersby ve+ted thall ceas~ and bs null srsd wid. IT IS UNDERSTOOD th~t the word "Matgagw" whether in the singular or plwal a~ywhere in this Mwtgsge, shsll be sinyular if ona ot~ly snd shall be plurat jointty and severatty if more than one, and that the wwd "their" ss used +nywhere in this Nbrtgsge shall be Uken to me~n "h'u," "hen;' or "its," wherever the contex~ w implEet w sdmits. Also, that wherever there is s refere~ce in tM covenantt u~d agreemenb herein contained to eny of = ' fhe pa.ties hereto, the iame shall be conatrued to mesn ss wetl as the hein, legal r~esentative~, successon and assig?n (eitMer wlunt~ry by sn of tM ; I parties or involuntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefin and advanta9es lnur~ ~ to the respective heirs, legsl representatives, wccesson and ass'g~s of the paniq heroto. ? And said 1Nortgagors, (or themxlves and their heirs, legal repreuntativa, iuccessors snd auigns, hereby jantly ar?d severally covenant and ~yree t ~ to end wirh the said MORiGA6Ef, iss succeuors ~nd assgns: ' ? 1. To pay sIl snd singular thc p?incipal snd i~terest and the varian and sundry sums of ma?ey payable by vinue of ssid promiuory note, +nd this ~ mort~age, exh and every, promptly o~ the days respectively the same severally become due. ~ ~ ~ 2. To pay ~II ~nd singular the taxes, auesune~ts, levies, li~bilitiet, obligations snd cncumbr~nces of every nature +nd kind now on ssid described Propsrty, or that he~eaftei msy be imposed, suffned. Platcd, levied, or assessed thereon, w that hereafter m~y be levied a assessed upon this MoAy~ g age, or the indebtedneu securcd hereby, each and erery, when due and psysble, accordirg to Isw, before they become de(irpvent, ~nd befor~ a~y interpt i attaches w a^y penalty is incurred; AND INSOFAR AS ANY TNfltEOF IS Of RECORD THE SAME SHAII BE PROJNPTLY SATISf1E0 AND OISCHARGED OF t RECORD AND TME ORIGINAI OFFICIAI DOCUMENT (SUGH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OfFIC1AtlY fNDORSED OR CERIIFIED) SHAIL BE PIACED IN THE MANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMfNT; and in the even! tF~at eny thereof is not F peid, sar'sfied and distharged sa"d MOkTGAGEE msy at any time pay fF+e ssrtr w any part thertof without waiving w affectiny any opYan, lien, puity w •~qht v~da o~ by virtue of th~s morfgsge and the f~ll amount of each and every such payment shall be immediately dve and payabte and shsil be~r interest ~•om the date thereof u~til paid at rate of nine per centvm per annum and t uch interest a~'~ xcured by the lien of th:• mor9tapt, ~ a~x~~~ °ar F r ~ Y',- s. n. _ " . z _ . - ' _ . . ~